SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Law & Policy

Ahmedabad developers accused of cheating 95 homebuyers of around INR 35 crore

21 Dec 2025

Police in Ahmedabad have registered a criminal complaint against a group of developers and their associates on allegations of large-scale cheating and breach of trust involving approximately 95 homebuyers. Complainants allege that the group sold properties in a proposed housing project without securing required regulatory approvals and later sold the land to others. The total amount allegedly collected from buyers is around INR 35 crore, prompting an investigation by the Detection of Crime Branch into transactions, notarial agreements and the role of intermediaries in the scheme.Read more

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Indore’s five-year plan to replace slums with formal housing

21 Dec 2025

Indore is advancing a comprehensive housing initiative to achieve slum-free status within five years. The city plans to construct over 16,000 multi-storey homes in the next three years under PMAY 2.0, as part of a larger goal of 1.5 lakh houses. The project covers flats built by the municipal corporation, rental housing, and homes supported by individual subsidies. Strategically chosen sites and submitted DPRs aim to relocate slum residents, removing encroachments that impede development projects and Master Plan roads, reinforcing the city's commitment to organized urban growth.Read more

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Heavy rain triggers evacuation of Surat housing block: What happened

21 Dec 2025

Around 192 residents were evacuated from a residential building in Surat after a compound wall collapsed in heavy rain, prompting safety concerns and immediate action by local authorities. No casualties were reported, but officials said the structural damage posed significant risk, leading to the temporary displacement of families. Municipal engineers are conducting a detailed safety assessment before any re-entry is permitted, and alternative accommodation is being arranged for affected residents.Read more

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Arrest warrants issued for 140 brick kiln operators over INR 27 crore dues

21 Dec 2025

Authorities have issued arrest warrants against 140 brick kiln operators for failing to clear statutory dues of nearly INR 27 crore. The action follows repeated notices and legal reminders that went unanswered, prompting a stricter enforcement drive to recover long-pending government levies. The unpaid amounts include mandatory charges such as cess, welfare contributions and other regulatory dues linked to kiln operations. Officials said non-payment impacts government revenue as well as funds meant for worker welfare and environmental compliance. The move signals a tougher stance on industrial non-compliance, with enforcement agencies aiming to ensure timely payment of statutory obligations across the brick manufacturing sector after earlier recovery efforts failed.Read more

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BMC plans to raise penalties sharply for construction pollution breaches

20 Dec 2025

The Brihanmumbai Municipal Corporation (BMC) has proposed increasing the minimum fine for air pollution violations at construction sites from INR 10,000 to INR 50,000. The move is aimed at ensuring stricter compliance among nearly 2,000 active construction projects in the city. Enforcement teams have been actively monitoring sites, issuing show cause notices, deploying misting machines, and cleaning roads. While recent data indicates some improvement in air quality compared with last year, pollution from construction remains a significant concern in Mumbai, prompting authorities to strengthen both monitoring and penalties.Read more

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Builder booked in Lucknow for selling flats without valid approvals

20 Dec 2025

Police in Lucknow have registered a fraud case against Fahad Yazdani, owner of Yazdan Infrastructure, and three associates for allegedly defrauding buyers in connection with a residential project. The complainant claimed that flats were sold with purported approvals and necessary clearances, but the project was later ordered to be demolished by the development authority. Authorities allege that the accused extorted significant sums from multiple buyers.Read more

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BDA and forest department to conduct joint survey to resolve Banashankari land dispute

20 Dec 2025

The Bangalore Development Authority and the forest department will carry out a joint land survey in Banashankari's 6th Stage to address a longstanding dispute over property boundaries and ownership. The planned survey, scheduled in the coming weeks, aims to clarify land limits and help resolve issues that have left many site buyers uncertain about their rights. The initiative follows repeated complaints from affected allottees and seeks to bring clarity and closure to a protracted conflict involving development rights and regulatory oversight.Read more

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Delhi expands electric bus services and interstate route to cut pollution

20 Dec 2025

Delhi has added 100 new electric buses to the DTC fleet and restarted an interstate electric bus service connecting the city with Dharuhera in Haryana. Chief Minister Rekha Gupta highlighted that expanding electric mobility can help commuters shift from private vehicles to cleaner transport, supporting the city's fight against air pollution. The electric bus fleet now exceeds 3,400 vehicles, with plans for further growth. Alongside the fleet expansion, charging infrastructure and previously suspended university bus services are being enhanced to improve accessibility and sustainability.Read more

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Gujarat sets deadline for urban plans ahead of 2030 Commonwealth Games

20 Dec 2025

The Gujarat government has directed municipal corporations and urban development authorities to finalise draft development plans and pending town planning schemes by mid-year, aligning this effort with its successful bid to host the 2030 Commonwealth Games. The state has also prioritised planned urban expansion under its designation of the current period as ‘Urban Development Year’, with authorities stressing the importance of rapid, structured growth in preparation for the global sporting event.Read more

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Haryana completes 50,000 online property registrations: What it means

20 Dec 2025

Haryana has achieved a significant milestone in its digital property reforms by completing 50,000 paperless property registrations, marking a shift towards streamlined, technology-driven land record management. Under the state's e-registration initiative, buyers and sellers can complete property registrations online, reducing paperwork, enhancing transparency and cutting turnaround times. The government said the increase in digital registrations reflects strong adoption of the system and its benefits for stakeholders, including reduced costs and improved ease of doing business. Authorities have indicated further enhancements to the platform to integrate additional services and expand paperless transactions across all districts, reinforcing the state's commitment to modernising land administration.Read more

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